New York State Common Retirement Fund Sells 63,763 Shares of The Home Depot, Inc. $HD

New York State Common Retirement Fund decreased its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 5.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,153,175 shares of the home improvement retailer’s stock after selling 63,763 shares during the quarter. Home Depot comprises approximately 0.6% of New York State Common Retirement Fund’s portfolio, making the stock its 23rd biggest holding. New York State Common Retirement Fund owned approximately 0.12% of Home Depot worth $467,255,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in HD. Sagard Holdings Management Inc. bought a new position in shares of Home Depot in the second quarter worth $29,000. LFA Lugano Financial Advisors SA bought a new position in shares of Home Depot in the 2nd quarter worth $32,000. Legacy Investment Solutions LLC purchased a new stake in shares of Home Depot during the 2nd quarter valued at $35,000. Dougherty Wealth Advisers LLC bought a new stake in shares of Home Depot during the 3rd quarter worth $38,000. Finally, Marquette Asset Management LLC purchased a new position in shares of Home Depot in the 3rd quarter worth about $38,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In other news, EVP Ann Marie Campbell sold 145 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the transaction, the executive vice president owned 12,320 shares in the company, valued at $4,413,763.20. This represents a 1.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction that occurred on Friday, December 26th. The shares were sold at an average price of $348.52, for a total transaction of $1,000,949.44. Following the sale, the executive vice president owned 13,196 shares of the company’s stock, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 4,963 shares of company stock valued at $1,748,845. 0.10% of the stock is owned by company insiders.

Trending Headlines about Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Management is cutting ~800 corporate roles to reduce overhead and speed decision‑making; investors may view this as a margin‑protecting step if revenue growth remains muted. Reuters: Home Depot to cut 800 corporate jobs
• Neutral Sentiment: The company is requiring corporate employees to return to the office five days a week, which management says should increase speed and alignment but could raise retention risks and execution costs in the near term. CNBC: Home Depot lays off 800 workers, says corporate employees will return to office 5 days a week
• Neutral Sentiment: Market analysts are mixed on HD’s trajectory — some see long‑term resilience due to scale and digital tools, while others point to near‑term headwinds from housing and margin pressure; this keeps consensus views and target prices split. Globe and Mail: Analysts Have Conflicting Sentiments on Home Depot
• Negative Sentiment: Home Depot reported an EPS miss and lowered near‑term outlook vs. past levels; combined with a sluggish housing market, that points to continued revenue and earnings pressure into 2026. Zacks: Is Home Depot Still a Long‑Term Winner Despite 2025 EPS Decline?
• Negative Sentiment: Shares have been trading down recently as investors digest the combination of weak top‑line momentum, cost actions and mixed analyst takes — near‑term volatility is likely until clearer sales/earnings trends emerge. Zacks: Home Depot Stock Declines While Market Improves

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on HD shares. Robert W. Baird dropped their target price on Home Depot from $450.00 to $415.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Oppenheimer decreased their price target on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating on the stock in a research note on Friday, December 5th. UBS Group set a $430.00 price objective on shares of Home Depot in a report on Wednesday, December 10th. Daiwa Capital Markets increased their target price on shares of Home Depot from $348.00 to $360.00 and gave the company a “neutral” rating in a report on Tuesday, December 16th. Finally, Evercore ISI lowered their price objective on Home Depot from $450.00 to $425.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Twenty-one investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $404.50.

Home Depot Stock Down 1.3%

NYSE:HD opened at $375.30 on Thursday. The firm has a market cap of $373.61 billion, a P/E ratio of 25.58, a P/E/G ratio of 14.18 and a beta of 1.08. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The firm has a 50-day simple moving average of $358.28 and a two-hundred day simple moving average of $378.72. The Home Depot, Inc. has a fifty-two week low of $326.31 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). The business had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The business’s revenue was up 2.8% compared to the same quarter last year. During the same period last year, the company posted $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS. Analysts predict that The Home Depot, Inc. will post 15.13 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were given a $2.30 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $9.20 dividend on an annualized basis and a yield of 2.5%. Home Depot’s payout ratio is 62.71%.

About Home Depot

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.